News

Despite the average interest rates on certificates of deposit being higher than those on money market accounts since June 2009, some consumers may still favor quick access to cash.

The corporate crisis aside, Pennsylvania credit unions are moving ahead--and even reducing the assessment--for another season of a three-year-old awareness campaign, iBelong, aimed at developing the member base.

The industry's latest corporate crisis wound up again getting national attention Monday night in a segment on Fox Business Network featuring interviews with CUNA President/CEO Bill Cheney and one of the Wall Street Journal writers of "bailout" fame.

The $3.2 billion Wings Financial Credit Union said today it has received approval to expand its field of membership to the Puget Sound area in Washington.

NCUA's latest corporate seizure requires the industry to remain "calm and avoid knee jerk reaction" as it considers alternative moves to handle wholesale services, the chairman of the Illinois Credit Union League said today.

A small business version of the Popmoney person-to-person payments solution has been launched by CashEdge Inc.